The Resource Search in the labor market under imperfectly insurable income risk, prepared by Mauro Roca, (electronic resource)

Search in the labor market under imperfectly insurable income risk, prepared by Mauro Roca, (electronic resource)

Label
Search in the labor market under imperfectly insurable income risk
Title
Search in the labor market under imperfectly insurable income risk
Statement of responsibility
prepared by Mauro Roca
Creator
Contributor
Subject
Language
eng
Summary
This paper develops a general equilibrium model with unemployment and noncooperative wage determination to analyze the importance of incomplete markets when risk-averse agents are subject to idiosyncratic employment shocks. A version of the model calibrated to the U.S. shows that market incompleteness affects individual behavior and aggregate conditions: it reduces wages and unemployment but increases vacancies. Additionally, the model explains the average level of unemployment insurance observed in the U.S.A key mechanism is the joint influence of imperfect insurance and risk aversion in the wage bargaining. The paper also proposes a novel solution to solve this heterogeneous-agent model
Related
Member of
Action
digitized
Additional physical form
Online (ebrary)
Cataloging source
CaPaEBR
Characteristic
  • unknown
  • online system or service
Government publication
international or intergovernmental publication
LC call number
HD5706
LC item number
.R633 2009eb
Series statement
IMF working paper
Series volume
WP/09/188
Label
Search in the labor market under imperfectly insurable income risk, prepared by Mauro Roca, (electronic resource)
Publication
Note
"September 2009."
Antecedent source
file reproduced from an electronic resource
Bibliography note
Includes bibliographical references (pages 36-37)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
000053027394
Dimensions
unknown
Extent
electronic text
File format
multiple file formats
Form of item
online
Isbn
9781451917604
Level of compression
lossless
Media category
computer
Media MARC source
rdamedia
Media type code
c
Quality assurance targets
present
http://library.link/vocab/recordID
.b37208482
Reformatting quality
replacement
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)449931755
  • imf1451917600
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

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      -38.195656 144.304955
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